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43 S MacDonald
Mesa, AZ 85210
The Alhambra · Multifamily Property For Sale
·
37 Units
Investment Highlights
- Charming National Historic Register Building Preserved and Adaptively Redeveloped into Student Housing in 2017
- Double-Net Lease that expires in May of 2029 with (2) Ten-Year Options & 2.5% Annual Rental Increases
- Walking Distance to the Metro Light Rail Line at Center & Main
- 37-Unit (60-Bed) Single & Double Occupancy Dormitory for Benedictine University - Mesa Campus
- Strong Higher Educational Tenant – Benedictine, A Catholic University, founded in 1887 with Three Campuses (Total Enrollment is Nearly 10,000 Students
- ASU at Mesa City Center Campus to be Completed in 2022
Property Facts
| No. Units | 37 | Building Size | 13,016 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Dormitory | Year Built | 2017 |
| Building Class | C | Parking Ratio | 3.07/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | C-DT | ||
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 13,016 SF |
| No. Stories | 2 |
| Year Built | 2017 |
| Parking Ratio | 3.07/1,000 SF |
| Zoning | C-DT |
Property Taxes
| Parcel Number | 138-41-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $131,646 |
Property Taxes
Parcel Number
138-41-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,646
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